Do not copy unless you add my name “David Gillis” and the URL http://captaincrunch102.spaces.live.com/

I received this email and I wanted to share it with you.

CAPITAL GAINS TAX

MCCAIN

15% (no change)

OBAMA

28%

CLINTON

24%

How does this affect you? If you sell your home and make a profit, you will

Pay 28% of your gain on taxes. If you are heading toward retirement and would

Like to down-size your home or move into  a retirement community, 28% of the

Money you make from your home will go to taxes. This proposal will adversely

Affect the elderly who are counting on the income from their homes as part of

Their retirement income.

DIVIDEND TAX

MCCAIN

15% (no change)

OBAMA

39.6%

CLINTON

39.6%

How will this affect you? If you have any money invested in stock market, IRA,

Mutual funds, college funds, life insurance, retirement accounts, or anything

That pays or reinvests dividends, you will now be paying nearly 40% of the money

Earned on taxes if Obama or Clinton become president. The experts predict that

‘Higher tax rates on dividends and capital gains would crash the stock market

Yet do absolutely nothing to cut the deficit.’

INCOME TAX

MCCAIN

(no changes)

Single making 30K – tax $4,500 

Single making 50K – tax $12,500

Single making 75K – tax $18,750

Married making 60K- tax $9,000

Married making 75K – tax $18,750

Married making 125K – tax $31,250

OBAMA

(reversion to pre-Bush tax cuts)

Single making 30K – tax $8,400  

Single making 50K – tax $14,000  

Single making 75K – tax $23,250  

Married making 60K – tax $16,800  

Married making 75K – tax $21,000  

Married making 125K – tax $38,750

CLINTON

(reversion to pre-Bush tax cuts)

Single making 30K – tax $8,400  

Single making 50K – tax $14,000  

Single making 75K – tax $23,250  

Married making 60K – tax $16,800  

Married making 75K – tax $21,000  

Married making 125K – tax $38,750 

How does this affect you? No explanation needed. This is pretty straight

Forward.

INHERITANCE TAX

MCCAIN

0%

(No change, Bush repealed this tax)

OBAMA

Keep the inheritance tax

CLINTON

Keep the inheritance tax

How does this affect you? Many families have lost businesses, farms and

Ranches, and homes that have been in their families for generations because they

Could not afford the inheritance tax. Those willing their assets to loved ones

Will not only lose them to these taxes.

NEW TAXES BEING PROPOSED BY BOTH CLINTON AND OBAMA

* New government taxes proposed on homes that are more than 2400 square feet

* New gasoline taxes (as if gas weren’t high enough already)

* New taxes on natural resources consumption (heating gas, water, electricity)

* New taxes on retirement accounts and last but not least….

* New taxes to pay for socialized medicine so we can receive the same level of

    Medical care as other third-world countries!!!

Can you afford Clinton or Obama? I can’t!!!!!

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